This California Legal Document Assistant Bond is set in place to ensure that principals (legal document assistants) conduct business in accordance with the provisions of Division 3, Chapter 5.5 of the California Business and Professions Code. If the principal fails to comply with these terms, the bond protects harmed parties from financial loss up to the full amount of the bond. The principal must reimburse the surety for all damages paid out.
|Bond Amount||Cost||Term||Apply Now|
|$25,000||$394||2 Year||BUY NOW|
|Requiring Entity||County in which the Legal Document Assistant is working/operating|
|Underwriting Criteria||Instant Approval and No Credit Check|
|Premium Rate(s)||$394.00 for the Two Year Term|
A California Legal Document Assistant Bond is required by any person who provides, or assists in providing, or offers to provide, or offers to assist in providing, for compensation, any self-help service to a member of the public who is representing himself or herself in a legal matter, or who holds himself or herself out as someone who offers that service or has that authority.
The Legal Document Assistant Bond requirement is set forth in the California Business and Professions Code Sections 6405, to be in favor, and payable to the People of the State of California and is structured to benefit any person or persons damaged by acts made by the Legal Document Assistant characterized by fraud, dishonesty, misstatement, misrepresentation, deceit and or any unlawful acts or omissions by the Legal Document Assistant. The Bond guarantees the Legal Document Assistant will comply with the requirements set forth in Division 3, Chapter 5.5 of the California Business and Professions Code. The Surety Company who issued the bond on behalf of the Legal Document Assistant must validate each claim and in the event, the Legal Document Assistant is found negligent, the Surety Company must pay the damages sought in the bond claim.
Any person or persons to whom the Legal Document Assistant rendered services.
The California Legal Document Assistant Bond approval conditions are such that the applicant must properly complete a questionnaire pertaining to their field of business in order to qualify for this bond. This questionnaire is available on the website and subsequent to submitting it online, an approval or declination will be provided to the applicant within 24 hours.
As the original Legal Document Assistant bond must be filed with the County in which the LDA is doing business, the original bond will be mailed to the Legal Document Assistant within 24 hours of submitting their application online, so long as the bond has been approved and the first term premium has been remitted to The Bond Exchange. The LDA will need to file the original bond with the County in which they are doing business. The bond will be placed in the regular mail unless the LDA opts to pay the fee associated with overnight delivery during the application process.
* Please be advised that the quote you obtain for this bond may include a fee charged and retained by The Bond Exchange.